[144] CLEANSPARK, INC. SEC Filing
Rhea-AI Filing Summary
CleanSpark, Inc. insider filing shows a proposed sale of 582,797 shares of common stock with an aggregate market value of $8,503,008, scheduled approximately for 10/02/2025 through J.P. Morgan Securities LLC on NASDAQ. The securities being offered were acquired as RSU vesting on 12/21/2023 (180,000 shares), 09/12/2024 (272,925 shares) and 09/30/2024 (129,872 shares), each listed as compensation. The filer also reported sales during the past three months: 622,521 shares sold on 08/13/2025 for $6,185,120 and 363,900 shares sold on 09/10/2025 for $3,667,384. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
Positive
- 582,797 shares proposed for sale are clearly documented with broker and exchange details
- Acquisitions are disclosed as RSU vesting with specific dates and share counts
Negative
- Recent insider disposals totaled 986,421 shares for $9,852,504 in Aug–Sep 2025
- Large proposed sale of 582,797 shares (~$8.5M) may increase insider supply near 10/02/2025
Insights
Significant insider liquidity: planned sale of 582,797 shares (~$8.5M) after recent disposals.
The filing discloses a proposed disposal of 582,797 shares with an aggregate market value of $8,503,008 planned for 10/02/2025. The shares were acquired via RSU vesting across 2023–2024, indicating the sales are of previously granted compensation awards.
The filer completed two recent sales totaling 986,421 shares for $9,852,504 on 08/13/2025 and 09/10/2025, which may materially increase insider-disposed supply in the near term.
Filing conforms to Rule 144 disclosure: acquisition dates and nature of payment are documented.
The notice lists acquisition dates, transaction type (RSU Vesting), and payment characterized as compensation, satisfying Rule 144 disclosure elements shown in the form. The sale is to be effected through J.P. Morgan Securities LLC on NASDAQ.
If the filer relies on a trading plan (Rule 10b5-1), the form requires that plan adoption date be indicated; no plan date is provided in the visible content.